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>> in g.e., this is extremely low risk because we have good technology and we have scale. the crime for us is when we don't do things like that. we ought to be percolating 20 $1-billion businesses all the time that can grow inside our system. >> but even while he promotes american innovation, he's been accused of transferring technology to other countries, as in his recent joint venture with china where a new g.e. computer system will go into a chinese airliner that could eventually compete with boeing. >> it's a way we can grow, and it's approved by the u.s. government. it's in an important market around the world, and it creates 400 jobs in the u.s. >> let me be more specific. are we in any way giving the chinese a technology that they didn't have before, that depletes our competitive edge in the future? >> no, look, you're afraid of china; i'm not. we see them as a big market and a big opportunity. >> one thing immelt is promoting that the president did not include in his jobs package is lowering the corporate tax rate from the current 35%, even though companies like g.
>> in g.e., this is extremely low risk because we have good technology and we have scale. the crime for us is when we don't do things like that. we ought to be percolating 20 $1-billion businesses all the time that can grow inside our system. >> but even while he promotes american innovation, he's been accused of transferring technology to other countries, as in his recent joint venture with china where a new g.e. computer system will go into a chinese airliner that could eventually...
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Oct 8, 2012
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intelligence committee said american companies should avoid doing any business with china's two leading technology fir firms. here's house select chairman mike roberts on "60 minutes" last evening. take a listen. >> if i was the american company and as the chairman of the house permanent select committee on intelligence and you were looking at wawai i would find another vendor. if you care about intellectual property and you care about the national security of the united states of america. >> should this be a national security concern? let's bring in our guest now, retired four-star general and nbc military analyst, barry mccaffrey. thank you, sir. first of all, wawai, should we stay away from them? no matter what they say, do you regard them as a security risk? they've been operating in the states. you know that. are they still a security risk? >> look, first of all, there are huge telecommunications countries, the second biggest until the world. gt is the fourth biggest in the world. and they're also without a question a cyber threat to america. the u.s. cyber command said last year probably the
intelligence committee said american companies should avoid doing any business with china's two leading technology fir firms. here's house select chairman mike roberts on "60 minutes" last evening. take a listen. >> if i was the american company and as the chairman of the house permanent select committee on intelligence and you were looking at wawai i would find another vendor. if you care about intellectual property and you care about the national security of the united states...
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it's not just in technology. it's in other areas of business where intellectual property in general is being stolen, allegedly by chinese hackers and chinese corporations. think of how many u.s. companies we talk about who want to make inroads into china and they fear retribution, being locked out of a market, that's a bottom-line fear. when i heard that these companies were being invested and could face some sort of punishment or blocked from entering the u.s. market, i thought immediately, is cisco going to feel the same impact in china? are other companies going to feel the impact of being able to do business in china? >> chinese cyber espionage has only ratcheted up dramatically over the last decade. ten years ago, it was a minor thought for most. now it is a major issue and should be a board-level issue for many u.s. corporations. to your point, it's nots -- natural resource companies are the ones that they're typically most focused on, for obvious reasons. the chinese are able to try to extract and always t
it's not just in technology. it's in other areas of business where intellectual property in general is being stolen, allegedly by chinese hackers and chinese corporations. think of how many u.s. companies we talk about who want to make inroads into china and they fear retribution, being locked out of a market, that's a bottom-line fear. when i heard that these companies were being invested and could face some sort of punishment or blocked from entering the u.s. market, i thought immediately, is...
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Oct 12, 2012
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the biggest technology ipo since facebook. and we were talking about how, you know, maybe a year ago we would have assumed that a company like this would have gone public on the nasdaq. so -- >> david duefield owns 82 of the shares. and -- >> where does that stack up against mr. hoodie? >> those are all class b -- well, yeah. those are class b. of course, 137 million class b shares. just trying to go through some of the -- >> drinks are on ben tonight. >> i think it's a very good day for them. >> they're buying, for sure. >> not holding back -- >> this is, again -- i think we've got to keep talking about the disparity between old tech and cloud-based tech, of which this is now -- jumped the cue as being the best cloud-based tech company out there, which is amazing. here is guidewire not going up -- >> you raise a point, jim, about the degree to which this is above their range, above the pricing last night. and how that's going to set off a spade of stories about how the market is frothy. but facebook was all about, oh, it went
the biggest technology ipo since facebook. and we were talking about how, you know, maybe a year ago we would have assumed that a company like this would have gone public on the nasdaq. so -- >> david duefield owns 82 of the shares. and -- >> where does that stack up against mr. hoodie? >> those are all class b -- well, yeah. those are class b. of course, 137 million class b shares. just trying to go through some of the -- >> drinks are on ben tonight. >> i think...
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we took the best of the old and combined it with modern technology. together you get quality services on your terms, with total customer support. legalzoom documents have been accepted in all 50 states, and they're backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself. it's law that just makes sense. so go to legalzoom.com today and see for yourself. mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120. where did you get that sweater vest? your ford dealer. >>> welcome back to "squawk on the street." the market flash, let's talk low slung jeans and colorful pockets last. true religion, that comp
we took the best of the old and combined it with modern technology. together you get quality services on your terms, with total customer support. legalzoom documents have been accepted in all 50 states, and they're backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself. it's law that just makes sense. so go to legalzoom.com today and see for yourself. mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major...
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Oct 12, 2012
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. ♪ ♪ introducing a stunning work of technology. ♪ introducing the entirely new lexus es. and the first ever es hybrid. this is the pursuit of perfection. >> there was also one person on the stage when actually asked what he'd do to get the economy going again had an answer. he laid out our five-point plan to get this economy going and the other candidate, of course, just attacked. but the american people are looking for answer, not attacks. >> welcome back to "the kudlow report." the americans want answers. and the worst economic and jobs recovery in modern times going back to 1947, we've got this benghazi cover-up and blowups in the middle east and record deficits, debt and entitlements and government handouts, what is the case the intellectual case for reelecting barack obama? does mr. obama even know? so let's talk. we have cnbc contributor howard dean, former dnc chair and presidential candidate and governor of vermont and romney surrogate and founder -- >> we had the last debate and joe biden didn't make the case last night. they haven't made it in between. what is t
. ♪ ♪ introducing a stunning work of technology. ♪ introducing the entirely new lexus es. and the first ever es hybrid. this is the pursuit of perfection. >> there was also one person on the stage when actually asked what he'd do to get the economy going again had an answer. he laid out our five-point plan to get this economy going and the other candidate, of course, just attacked. but the american people are looking for answer, not attacks. >> welcome back to "the kudlow...
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Oct 9, 2012
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technology essentially getting hammered, down 1.5%. netflix under serious pressure after seeing big gains earlier in the week. stocks a down grade this morning and this comes after an upgrade yesterday. herb greenberg is here with more on that. what is going on with the flix? >> that's right. you have the under perform today and yesterday was the analyst with the out performer overweight and what's beautiful about this, and it is something brian sullivan and i will be talking about later on street signs. the analysts disagree about whether amazon is or is not competition. what really matters here is this. that is whether netflix growth is either slowing or about to really slow. as a right today on cnbc.com at the current subscription levels they could be close to triggering what i like to call the chainos rule, who for years pointed one thing out to me. when a growth company sells 25 to 30 million products, it is pretty much all in with its growth, products, units being out there and same with subscription services. this is what happen
technology essentially getting hammered, down 1.5%. netflix under serious pressure after seeing big gains earlier in the week. stocks a down grade this morning and this comes after an upgrade yesterday. herb greenberg is here with more on that. what is going on with the flix? >> that's right. you have the under perform today and yesterday was the analyst with the out performer overweight and what's beautiful about this, and it is something brian sullivan and i will be talking about later...
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♪ whatever your business challenge, dell has the technology and services to help you solve it. eastern on "squawk box." >>> as you can see we are in the chairs where we get to talk about things irrelevant to the stock market which we would never do at the desk. i was just like -- okay, all right, got it. ♪ is that still going on? okay. what's going on here? nothing. i'm ready to talk, i'm ready to go. is that what they want to do? >> is this from, what is this from? >> is this a hangover? >> huskies, send it up, talk about it, go. >> going through page six and bradley cooper and that zach gallifianakis guy. >> you're looking for me to pronounce something? >> call him zach g., apparently it's going to happen again and it happened once in vegas, happened again and they're in nogales in arizona because they're pretending it's tijuana. anybody that goes to tijuana you may never come back. >> the first one was good. >> i liked the second one but they get grocer and sick things happened and i don't know whether -- can you get the tattoo off, i don't know whether he was able to have
♪ whatever your business challenge, dell has the technology and services to help you solve it. eastern on "squawk box." >>> as you can see we are in the chairs where we get to talk about things irrelevant to the stock market which we would never do at the desk. i was just like -- okay, all right, got it. ♪ is that still going on? okay. what's going on here? nothing. i'm ready to talk, i'm ready to go. is that what they want to do? >> is this from, what is this from?...
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Oct 11, 2012
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this particular technology is extremely important. it is not just lte. it is tdd lte. that's an international standard which china mobile uses also. >> i keep thinking you leverage that balance sheet. they suddenly have a balance sheet to leverage. verizon and at&t are suddenly saying, holy cow, the world has just changed. t-mobile -- remember, at&t had almost destroyed t-mobile's momentum when they did the deal. >> t-mobile is still not growing. it is going the other way which begs the question in terms of the synergies they're talking about achieving with pcs. >> deutsche telecom, billing balance sheet. you have two capitalized players -- you only had two before, now you've got four. >> it's possible. >> what's your gut feel on whether -- sounds extremely complicated. >> it is extraordinarily complex. >> what inning are we in? >> we're far along. my sources are telling me that it could be in fact within the next two weeks, if not sooner, that they could get a deal. it does not appear to have been sidetracked at least as of yet given the leaks. this first was reported
this particular technology is extremely important. it is not just lte. it is tdd lte. that's an international standard which china mobile uses also. >> i keep thinking you leverage that balance sheet. they suddenly have a balance sheet to leverage. verizon and at&t are suddenly saying, holy cow, the world has just changed. t-mobile -- remember, at&t had almost destroyed t-mobile's momentum when they did the deal. >> t-mobile is still not growing. it is going the other way...
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♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back to "squawk box." higher capital requirements imposed by regulators are costing small banks big. our next guest says this is stifling lending. congressman shelly moore is here, she chairs the subcommittee on financial institutions and consumer credit. good morning. >> good morning. >> thank you for being here. >> sure. >> how big a problem is this in terms of how we're thinking about small banks and how their capitalized versus big banks, like a citigroup or jp morgan or bank of america? >> well, small banks don't have the resources, so the complexity of trying to comply with the capital requirements is an issue for community banks. i have actually the head of the community bankers is a bank foreign minister my area, real small area. so he doesn't have the compliance officer. he doesn't have the flexibility in his capital to be able to meet these requirements and that's an issue. then he won't be lending in a local community, which is where a lot of rural americans, small town ame
♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back to "squawk box." higher capital requirements imposed by regulators are costing small banks big. our next guest says this is stifling lending. congressman shelly moore is here, she chairs the subcommittee on financial institutions and consumer credit. good morning. >> good morning. >> thank you for being here. >> sure. >> how big a problem...